Category: Business & Economy

Business & Economy Canada English Featured

Federal Government hopeful to extend a “lifeline” to businesses

Black Friday sales aside, now Cyber Monday deals entice customers to spend as the holidays draw near. However, small businesses are still reeling from the impacts of Covid-19 and the ongoing labour shortages combined with supply chain disruptions present further challenges in trying to build back lost revenue over the past 19 months.

According to the Canadian Federation of Independent Business (CFIB), about 61% of small businesses have yet to meet their pre-pandemic revenues. Another 22% say they will not make it passed another six months at the current level of revenue loss. Time may be running out.


Business & Economy Economy Italian Opinion World News

Le infrastrutture “soffici” e gli aumenti di imposte ai ricchi

Mitt Romney, multimilionario, candidato presidenziale repubblicano nel 2012 e attuale senatore dell’Utah, non è stato entusiasta della proposta democratica di aumentare le tasse ai miliardari. Secondo Romney, tassare il patrimonio degli ultraricchi li costringerebbe ad allontanarsi dagli investimenti in borsa concentrando i loro soldi in “fattorie o quadri” che non creano posti di lavoro… Read More in Corriere Canadese >>> 

Business & Economy Employment English Featured

Power up the economy with growth in the job market

With the elections in the rear-view mirror, the focus for Canadians is on the path forward. Part of that includes a government working towards ending to the pandemic, improving affordability and sustainability while stepping up economic recovery efforts and creating better jobs.

The latest job numbers by Statistics Canada suggest Canada is on track. Data shows the economy added 90,200 jobs last month. (more…)

Business & Economy Filipino Finance News Updates World News

Bitcoin Mahirap Intindihin 

Noon Bieyernes 25 nang Hunio 2021 ang pagunahin balita na umuugong sa Google ay Kryptokuransy (1) Ethereum, Dogecoin, BNB, XRP, (2)- maga pagalan parang planeta, diretsong galing sa siansiya pangisip-na nag dudulot nang kaguluhan o pag kasindak. Sa lahat nang ito ay ang Bitcoin. Kunting pagka takataka? Ang 52-lingo taas nang Bitcoin dating $64,863. Noon 9:06 Bieryernes nang umaga nang 25 nang Junio 2021 ito ay bumagsak pag baba nang $33,100.54. Maga experto sa prohekto sinabi na ang bagay na ito ay lalong lalala. (more…)

Business & Economy English Featured Finance News Updates World News

Bitcoin is a Bit Hard to Understand 

On Friday, June 25, 2021, the number one news trending in Google was cryptocurrency.  Ethereum, Dogecoin, BNB, XRP – sounding like names of planets, straight out of science fiction – were causing quite a stir, if not panic.  At the centre of it all was Bitcoin. Bitcurious? The 52-week high of Bitcoin had been $64,863.  At 9:06 am on Friday, June 25, 2021, it plummeted down to $33,100.54.  Experts project that things are going get worse. (more…)

Business & Economy Canada English Featured News Updates World News

“More trade and jobs thanks to CETA, despite Covid-19”

TORONTO/ROME – Since the entry into force of Ceta, the Global Economic and Trade Agreement between Canada and the European Union, trade between Italy and Canada has increased by more than 22% and Italian exports of goods and services to Canada are increased by 25% with the creation of 63,000 jobs in Italy: these are some of the numbers contained in the report that the Canadian Ambassador to Italy, Alexandra Bugailiskis (in the pic, from the Italian government website), presented to the European Union Policy Commission of the Senate. Numbers that, according to the Ambassador, suggest that CETA will play a decisive role in the post-pandemic recovery and “will help make our economies stronger, greener and more sustainable”. (more…)

Business & Economy Canada Italian News Updates World News

“Più scambi commerciali e posti di lavoro grazie al CETA, nonostante il Covid-19”

TORONTO/ROMA – Dall’entrata in vigore del Ceta, l’Accordo Economico e Commerciale Globale tra il Canada e l’Unione Europea , gli scambi commerciali fra Italia e Canada sono aumentati di oltre il 22% e le esportazioni italiane di beni e servizi verso il Canada sono cresciute del 25% con la creazione di ben 63.000 posti di lavoro in Italia: sono alcuni dei numeri contenuti nella relazione che l’Ambasciatrice del Canada in Italia, Alexandra Bugailiskis (nella foto sopra, tratta dal suo profilo Twitter), ha presentato alla Commissione Politiche dell’Unione Europea del Senato. Numeri che, secondo l’Ambasciatrice, lasciano presagire che il Ceta svolgerà un ruolo determinante nella ripresa post-pandemica e “contribuirà a rendere le nostre economie più forti, verdi e sostenibili”. (more…)

Business & Economy Community English Featured GTA Technology

Mississauga named one of the Top7 Intelligent Communities worldwide

Cities are the engines of economic growth. In a modern society, technology plays a key role in making cities function better, faster and smarter. Tools like network connections, computers, sensors and cameras, can help communities use integrated data to make wiser decisions. A digitally “Smart City” is a benefit to its residents, but an “intelligent community” is one that uses information and technology to drive prosperity, tackle social and economic issues and helps enrich the lives of its inhabitants.

This year, the Intelligent Community Forum (ICF) named Mississauga as one of the Top7 Intelligent Communities in the world. (more…)

Business & Economy Employment English Featured Ontario

Ontario enhances support for new career opportunities

Thanks to improvements in key health indicators, Ontario will move into Step 3 of the province’s reopening plan on Friday. That means the easing of Covid-19 restrictions for several public health and workplace measures including capacity limits for indoor/outdoor settings. It also opens opportunity for more Ontarians to return to work.


Business & Economy Italian News Updates World News

Un gruppo di ricercatori italiani in USA chiede l’abolizione del Travel Ban

ROMA – “Un gruppo di cittadini italiani che lavorano in USA ha scritto una lettera appello al Ministro Di Maio e raccolto circa 1300 firme per chiedere l’eliminazione del Travel Ban in modo da permettere agli italiani che lavorano negli Stati Uniti di poter viaggiare liberamente tra Italia e USA”. A renderlo noto è l’onorevole Fucsia Fitzgerald Nissoli (nella foto), deputata di Forza Italia eletta in Nord e Centro America. (more…)

Business & Economy Canada Filipino News Updates

Ang Panlimang Pinakamalaking Kalakal-Panluwas ng Canada

Nang bumisita ang aking ina sa Toronto nung dekadang setenta, ito ang binigay niyang impresyon sa siyudad: napakalamig at maraming puno. Datapwat pumanaw na siya, aking naaalala siya ngayong sumusulat ako tungkol sa mga punongkahoy. Ipinanganak at lumaki ako sa lungsod ng Manila na konti lang ang mga puno. meron meron naman isang matandang Acacia na malapit sa amin na ginagamit na tagpuan o palatandaan ng mga tao. (more…)

Business & Economy Canada English News Updates

Canada’s Fifth Largest Export

When my mother returned to Manila from her visit to Toronto in the early 70s, she was asked of her impressions about the city, to which she gave the following observations: it is too cold and the city is a forest. My mom is gone now yet I think of her as I write this piece. Like her, I’m an urbanite. Born and raised in Manila where trees were a rarity when I was living there, I can only remember one big tree near our place – an Acacia tree. It was so old that people used it as a landmark when giving directions. (more…)

Bengali Business & Economy World News

মহামারিতে গার্মেন্ট শ্রমিকদের বঞ্চিত করছে এইচঅ্যান্ডএম, নাইকি ও প্রাইমার্ক

নেদারল্যান্ড ভিত্তিক শ্রমাধিকার সংগঠন ক্লিন ক্লথস ক্যাম্পেইন তাদের মর্মস্পর্শী নতুন এক প্রতিবেদনে জানিয়েছে যে, কোভিড-১৯ মহামারিতে বাংলাদেশ, কম্বোডিয়া ও ইন্দোনেশিয়ায় এইচঅ্যান্ডএম, নাইকি ও প্রাইমার্ক তাদের গার্মেন্ট শ্রমিকদের যথেচ্ছ বঞ্চিত করে চলেছে। এই সকল দেশে ৪৯ জন গার্মেন্ট শ্রমিককে মহামারি চলাকালীন পরিস্থিতিতে কতোটা মজুরি, কর্মপরিবেশ ও শ্রমাধিকার বঞ্চিত করা হয়েছে তারই মর্মস্পর্শী চিত্র ওই প্রতিবেদনে ফুটে ওঠেছে। (more…)

Business & Economy English News Updates World News

H&M, Nike and Primark use pandemic to squeeze garment workers

In a hard-hitting new research report, the Nederland based Clean Clothes Campaign finds that H&M, Nike and Primark have driven factory workers in their supply chains in Bangladesh, Cambodia and Indonesia into desperation during the COVID-19 pandemic. Interviews conducted with 49 garment workers in these countries demonstrate that the Coronavirus-induced crisis continues to have a devastating impact on the wages, working conditions, and labor rights of garment workers. (more…)

Business & Economy English News Updates Ontario

Reopening, Step 2 starts in Ontario tomorrow

We missed being able to dine outside, we missed coffee with friends, we missed the mall. But we also missed – and our uncultivated hairstyles bear witness to this – the hairdresser. From tomorrow, with Ontario entering Step 2, it will be possible to do all this and more. The long-awaited relaxation of some of the restrictions with reopening non-essential shops, albeit at 25% of capacity, bodes well after so many difficult months. (more…)

Business & Economy News Brief Podcasts & Videos Romanian

Ești stresat? Locuri de vizitat și orașe de evitat

Article by Priscilla Pajdo — Translation and Video: Cristiana Petrescu

TORONTO – Cum este nivelul tău de stres în ultima vreme? Dacă doresti să te eliberezi de îngrijorarea și anxietatea problemelor vieții, poate că trebuie să te muti într-unul dintre orașele cel mai puțin stresante din lume. (more…)

Business & Economy Canada GTA News Updates Portuguese

Toronto sobe no estudo de Cidades do Futuro das Américas da fDi

Toronto passou para o segundo lugar geral num estudo dos locais de investimento mais promissores nas Américas pela fDi Intelligence – uma publicação especializada do Financial Times. Esta classificação reflete o crescente estatuto de Toronto como um centro internacional de investimento, comércio, ramo de negócio, desenvolvimento e inovação. (more…)

Business & Economy Canada English Featured GTA News Updates

Toronto moves up in fDi’s Americas Cities of the Future study

Toronto has moved into second place overall in a study of the most promising investment locations in the Americas by fDi Intelligence – a specialist publication from the Financial Times. This ranking reflects Toronto’s rising stature as an international centre of investment, commerce, trade, development, and innovation. (more…)

Business & Economy News Brief Podcasts & Videos Spanish

12 millones de dólares asignados a proyectos de infraestructura

Article by Priscilla Pajdo — Translation and Video: Lisa Picerno

Este fin de semana marcó un nuevo comienzo para los residentes de Ontario.
Los patios de los restaurantes han estado abiertos para las cenas, y los minoristas no esenciales han dado la bienvenida a los compradores primerizos en meses, aunque hay pautas estrictas a seguir. (more…)

Business & Economy English Health & Medicine Podcasts & Videos World News

G7: target end pandemic in 2022, Canada will donate 13 million doses

Article By Francesco Veronesi — Translation and Video: CNMNG Staff

The joint effort of the G7 countries will be aimed at ending the Covid-19 pandemic in 2022. This is what was reiterated yesterday by the great of the Earth in the final communiqué of the summit in Cornwall. (more…)

Business & Economy Employment English Featured World News

Toronto ranked one of the best cities in the world for entrepreneurial success

Toronto has a lot to offer, especially if you are someone looking to start your own business. In fact, Toronto is considered to be one of the best cities in the world for entrepreneurs.

Individuals are entrepreneurial, not cities, you say. However, some cities are more able to attract creative and innovative people to realize their budding new venture.


Business & Economy Canada English News Brief Podcasts & Videos The Environment World News

Fighting the pandemic and economic recovery, at the start of the G7 summit in Cornwall

Article by Francesco Veronesi — Translation and Video: CNMNG Staff

Global contrast to the pandemic, common strategy on the vaccine front, the investigation into the origins of Covid. This weekend’s G7 Summit in Cornwall, England will revolve around these three themes. (more…)

Business & Economy News Brief Podcasts & Videos Romanian

Deschiderea foii de parcurs, Ontario intră în prima faza incepind de vineri

Article by Francesco Veronesi — Translation and Video: Cristiana Petrescu

TORONTO – Pornirea procesului de redeschidere. Guvernul Ontario a anunțat ieri că provincia va intra în prima faza a foii de parcurs pentru a redeschide economia începând de vineri 11 iunie. Anterior, Doug Ford și Christine Elliott plănuiseră să reducă restricțiile incepind de luni, 14 iunie. (more…)

Business & Economy Podcasts & Videos Turkish World News

G7: Ottawadadan, çok uluslu şirketler için vergiler konusunda anlaşma, teknoloji devleri için vergilere evet

By Francesco Veronesi — Translation and Video: Betul Sarikaya

Kanada, G7’nin bir parcasi olmasina ragmen finans bakani Chrystia Freeland bakanı anlasmanin imzalandigini belirtiyor ve bu haberi hosnutlukla acikliyor. Bu hafta sonu, Ottawa aldigi karari degistirmemeye karar verdi ve, Ocak 2022’den başlayarak büyük teknolojik yoldaşlara yeni bir vergi anlasmasi ortaya suruyor. (more…)

Business & Economy News Updates Spanish

México busca cercanía con Canadá

La secretaria de Economía de México Tatiana Clouthier visitó virtualmente este lunes 7 de junio Canadá, el quinto socio comercial más importante de México. Conversó con Mary Ng, ministra de Pequeñas Empresas, Promoción de Exportaciones y Comercio Internacional de Canadá, con Francois-Philippe Champagne, ministro de Innovación, Ciencia e Industria, así como con empresarios canadienses acerca de temas relacionados al Tratado de Libre Comercio de América del Norte, que lleva como siglas CUSMA, TMEC y USMCA. (more…)

Business & Economy News Updates Reviews & Press Releases

Canada and Ontario Invest $15 million in Municipal Infrastructure to Respond to the Impacts of COVID-19 in Northern Ontario

THUNDER BAY —Communities across Canada are on the frontlines of the COVID-19 pandemic, and need immediate assistance to ensure their public infrastructure is safe and reliable. Details were provided by the Honourable Patty Hajdu, Minister of Health and Member of Parliament for Thunder Bay-Superior North, on behalf of the Honourable Catherine McKenna, Federal Minister of Infrastructure and Communities; Stephen Crawford, Parliamentary Assistant to Ontario’s Minister of Infrastructure and Member of Provincial Parliament for Oakville, on behalf of the Honourable Laurie Scott, Ontario’s Minister of Infrastructure; and His Worship Bill Mauro, Mayor of the City of Thunder Bay. The governments of Canada and Ontario are investing more than $15 million to protect the health, and well-being of residents in 99 municipalities across Northern Ontario. (more…)

Business & Economy English Featured News Updates

Together works better for Mexico and Canada

The Mexican Secretary of Economy Tatiana Clouthier virtually visited Canada this Monday, June 7, the fifth most important commercial partner of Mexico. He spoke with Mary Ng, Minister of Small Business, Export Promotion and International Trade of Canada, with Francois-Philippe Champagne, Minister of Innovation, Science and Industry, as well as with Canadian businessmen about issues related to the North American Free Trade Agreement. North, which is abbreviated CUSMA, TMEC and USMCA. (more…)

Business & Economy Canada English Politics

G7 nations reach a deal to tax multinational corporations

TORONTO – A global minimum corporate tax rate of at least 15 percent but without giving up the new taxes provided for the tech giants. Canada welcomes the agreement reached at the G7 but at the same time, through Finance Minister Chrystia Freeland, reiterates that the plan signed at the weekend will not change Ottawa’s plans, which from January 2022 will impose a new tax on big tech buddies. (more…)

Business & Economy Canada Filipino News Updates

Ligtas ba ang Canada sa cyber atake ng karne?


Noong dikadang 52 BC ang Romanong Emperador na si Julius Ceasar pinutol ang pag agos nang pag kain sa Gauls na barbaro pinamumunuan ni Vercingetorix. Sa pag kontrol sa pagkain siya ay na pahina ang kalaban at na sukol niya ang maga Ito (…)
Business & Economy Canada English Featured News Updates

“Is Canada’s Meat Supply Safe from Cyber Attacks?” 

In 52 BC, the Roman Emperor Julius Caesar cut off the food supply of the Gauls led by the “barbarian” Vercingetorix.  By controlling the food supply, he was able to weaken and conquer them (…)
Business & Economy English Ontario

Premier Ford urged to reopen the economy

TORONTO – Pressure is growing on the government to loosen restrictions in Ontario. With data confirming that the third wave of the pandemic is now in the drips – yesterday there were only 699 new cases, the lowest since October 2020 – there are increasing demands for an acceleration of the reopening of the provincial economy also compared to the extremely prudent roadmap presented last week by Doug Ford and The Minister of Health Christine Elliott. (more…)

Business & Economy Canada German News Updates Travel & Tourism

Reisebüros werden wieder lebendig

Wer von uns möchte nicht so schnell wie möglich in den Urlaub fahren? Wer möchte diesen Sommer nicht von einem sonnigen Urlaub profitieren? Es stellt sich heraus, dass das Interesse an Reisen in Kanada unglaublich hoch ist, und das einzige Element, das das Reisen behindert, ist nicht die 14-tägige Quarantäne, sondern der obligatorische 3-tägige Aufenthalt in einem Hotel nach der Rückkehr. (more…)

Business & Economy Canada News Updates Polish Travel & Tourism

Biura podróży wracają do życia

Kto z nas nie pragnie jak najprędzej udać się na wakacje? Kto nie chciałby skorzystać ze słonecznych wakacji już tego lata? Okazuje się, że rośnie niesamowicie duże zainteresowanie podróżami w Kanadzie, a jedynym elementem hamującym przed podróżą, okazuje się nie być 14-dniowa kwarantanna, lecz przymusowy 3-dniowy pobyt w hotelu po powrocie. (more…)

Business & Economy Canada English News Updates Travel & Tourism

Travel agencies are coming back to life

Who among us does not want to go on vacation as soon as possible? Who wouldn’t want to take advantage of a sunny holiday this summer? It turns out that there is an incredibly high interest in travel in Canada, and the only element that hinders travel is not the 14-day quarantine, but the compulsory 3-day stay in a hotel after returning. (more…)

Business & Economy Canada English Health & Medicine Podcasts & Videos

“Living to work” can have fatal risks

TORONTO – A growing body of data suggests that overtime and long working hours adversely affect the health and well-being of workers.  A new global study finds working more than 55 hours per week increases a person’s risk of stroke and heart disease.

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